Applied Microeconomics for Agricultural Economists

The objective of this course is to foster a deeper understanding of standard microeconomic concepts and their application to a wide variety of topics in food, agricultural, and resource economics. Emphasis is placed on what tool(s) to use in a wide variety of circumstances to address real life problems. Topics will include decisions by firms and consumers, market equilibrium, and production decisions.

Prerequisite(s): ECON*2770, ECON*3710, ECON*3740 or equivalent